A small development site in the northern portion of the High Line Transfer Corridor has sold for $7.8 million. GREG CORBIN 311 Tenth Avenue, also … Continued
Massey Knakal named the top producers of the firm at their annual award ceremony. James P. Nelson, Stephen P. Palmese, Thomas A. Donovan and John F. Ciraulo were among those named Top Salesperson of the Year. Additionally, David Chkheidze was named Retail Leasing Agent of the Year and Morris Betesh was named Agent of the Year within the Capital Services division.
Charles Denihan, the son of Denihan Hospitality Group boss, Patrick Denihan, has died of an apparent drug overdoes. He was 28. Charles Denihan Police responding … Continued
Halstead Property Development Marketing (HPDM) executive vice president Roberta Benzilio considers herself one of the luckiest people around. “I’m one of those people who won the lottery and love what I do,” she said. Benzilio, who has nearly 30 years of experience in the real estate industry, came into the business with roots in psychology and travel.
At least seven people have died after a residential building in East Harlem collapsed following an explosion Tuesday morning, the FDNY reported. A gas leak … Continued
What would New York be without Europe’s revolutions? The French Revolution eventually gave us the Statue of Liberty, the Russian Revolution created South Williamsburg in its current form — and now Ukraine’s revolution could send over a big pile of cash. Brokers working with Eastern European and Central Asian buyers say more of their clients have been looking to invest in New York real estate since the overthrow of Ukraine’s President Viktor Yanukovych. Worried about the fallout of the political crisis, they say, clients are now trying to move their money out of the region and into safe havens. To many, this safe haven appears to be New York.
Brooklyn’s uber-polluted Gowanus Canal is filled with such a mysterious cocktail of substances that the New York Daily News a few years ago reported on a scientist who was searching below its frothy surface for a cure to AIDS. But David Lichtenstein, CEO and chairman of the Lightstone Group, can see past sewage overflow and 150 years of industrial waste. “It’s going to be the Brooklyn Rivera,” he told members of the YM/WREA at the monthly luncheon meeting this week. “You just have to use your imaginations.”
The recession may be in the rear-view mirror, but times are still tough for many New Yorkers. In response to this reality, the New York Legal Assistance Group, a non-profit that provides free civil legal services to people who can’t afford an attorney, has taken an additional 22,121 s/f at 7 Hanover Square
Tough Mudder Terri Adler takes pride in her role building Duvall and Stachenfeld’s real estate practice from the ground up. Her favorite transactions are the ones she calls “brain teasers. I enjoy doing deals that require you to be creative and think in ways that aren’t just the four walls of the real estate deal,” she said.
Lessening New York’s notorious housing shortage might be easier than we think — at least according to noted real estate attorney Stephen Meister. “The rent is too damn high because the laws are too damn stupid,” he told a packed conference room at last week’s B’nai Brith luncheon at the Cornell Club.